Moody’s withdraws ratings of China’s Evergrande and Kaisa By Reuters


© Reuters. FILE PHOTO: The Evergrande Center of China Evergrande Group is seen amid other buildings in Shanghai, China, September 24, 2021. REUTERS/Aly Song

(Reuters) – Moody’s (NYSE:) on Tuesday said it withdrew the ratings of property developers China Evergrande Group and Kaisa Group because of insufficient information.

Moody’s said it also withdrew its ratings on Evergrande’s units – Hengda Real Estate Group Company Limited, Tianji Holding Limited and Scenery Journey Limited.

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